For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Colliers and powered by RealINSIGHT Marketplace, Crystal Gardens is a 136-unit garden-style community with immediate value-add upside in Lexington, KY. New ownership can unlock the property's full potential through targeted interior renovations across all 136 units, driving higher rents and NOI growth. Nearby competitor The Wellington, built in 1974, demonstrates the upside available through interior and amenity upgrades, achieving rents over $1,100/unit—more than $300 above Crystal Gardens. New ownership will acquire an ideal value-add opportunity supported by population growth exceeding 40% since 2000, no new supply, strong rent growth, and stable occupancy. Crystal Gardens offers easy access to the University of Kentucky, UK HealthCare, and three Amazon logistics centers. Sustained renter demand and favorable supply conditions position new ownership to strategically time interior and amenity improvements, capture higher rents, and build value for a future exit.
Due Diligence
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Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
